MongoDB Inc
MDB
$409.62 3.25%
Exchange: NASDAQ | Sector: Technology | Industry: Software Infrastructure
Q2 2025
Published: Aug 30, 2024

Earnings Highlights

  • Revenue of $478.11M up 12.8% year-over-year
  • EPS of $-0.74 decreased by 39.6% from previous year
  • Gross margin of 73.2%
  • Net income of -54.53M
  • "AI continues to be an additional long-term opportunity for our business." - Dev Ittycheria
MDB
Company MDB

Executive Summary

MongoDB delivered a solid QQ2 2025 showing of top-line momentum and continued strength in its Atlas platform, with revenue of $478.1 million, up 13% year over year, and Atlas representing 71% of total revenue after a 27% year-over-year ascent. The company posted non-GAAP operating income of $52.5 million (11% non-GAAP operating margin) and ended the quarter with more than 50,700 customers, underscoring durable demand for its run-anywhere data platform. Management remains cautiously optimistic about the AI opportunity, anchored by MAAP (MongoDB AI Applications Program), Vector Search, and streaming capabilities, while acknowledging near-term macro headwinds that could influence consumption patterns in the back half of the year. On the balance sheet, MongoDB holds a robust liquidity position (~$2.3 billion in cash and equivalents and short-term investments) and is guiding to a higher starting Atlas ARR for H2, while signaling a planned increase in EA-related bookings and a commitment to margin expansion toward a mid-teens operating margin in the near term. Overall, the QQ2 2025 results reinforce a multi-year growth thesis centered on AI-enabled data workloads and legacy-modernization opportunities, but investors should monitor macro consumption trends, AI monetization timing, and incremental investment needs.

Key Performance Indicators

Revenue
Increasing
478.11M
QoQ: 6.11% | YoY: 12.82%
Gross Profit
Increasing
349.86M
73.17% margin
QoQ: 7.59% | YoY: 9.86%
Operating Income
Decreasing
-71.44M
QoQ: 27.24% | YoY: -45.79%
Net Income
Decreasing
-54.53M
QoQ: 32.34% | YoY: -45.04%
EPS
Decreasing
-0.74
QoQ: 32.73% | YoY: -39.62%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q3 2026 628.31 -0.03 +18.7% View
Q2 2026 591.40 -0.58 +23.7% View
Q1 2026 549.01 -0.46 +21.9% View
Q4 2025 548.40 0.19 +19.7% View
Q3 2025 529.38 -0.13 +22.3% View
Q2 2025 478.11 -0.74 +12.8% View